EBay Inc. forecast to post full-year 2016 GAAP earnings from continuing operations between $2.32 a share and $2.42 a share, the e-commerce company said in a filing late Thursday. Fourth-quarter GAAP earnings from continuing operations are seen between $1.15 a share and $1.25 a share, the company said. Analysts polled by FactSet had expected the company to post GAAP earnings of $1.11 a share in the last quarter of the year, and 2016 GAAP EPS of $2.26. The guidance update reflects the sale of additional shares of MercadoLibre, Inc. stock to underwriters, the company said. EBay sold most of its stake in Mercado Libre, an online marketplace in Latin American countries, last month. Shares of eBay were flat in late trading Thursday after ending the regular trading day down 0.7%.
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